Tag: CBDC

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CBDC

RBI Governor Backs CBDC for India’s Payment Revolution

India is spearheading CBDC development, with continuing trial initiatives. CBDC has the potential to alter the future of India's payment systems and economy. On...
CBDC

Philippines Central Bank Completes CBDC Trial with Project Agila

The Philippines' central bank completes Project Agila trial, testing wholesale CBDC potential to enhance interbank payments, financial stability, and innovation. The Bangko Sentral ng Pilipinas...
CBDC

India Expands Mobile Payment Partnerships with UAE, Sri Lanka, and Nepal

India expands mobile payment partnerships with UAE, Sri Lanka, and Nepal, advancing cross-border payments and exploring digital currencies' future. India is making significant strides in...
Blockchain Technology

Brazil’s CBDC Pilot Advances with Blockchain Power

Drex CBDC pilot phase 2 improves trade finance using blockchain. Microsoft, Banco Inter, Chainlink, and 7Comm have joined forces. Brazil's central bank, known as...
CBDC

RBI Chief Warns Stablecoins Endanger India’s Monetary Sovereignty

RBI Governor Das has criticized stablecoins for undermining local currency sovereignty. He promotes CBDCs as the secure future of digital payments in India. During...
Exchange News

Norway Central Bank to Decide on Digital Currency Next Year

Norges Bank intends to implement CBDC by 2025, focusing on wholesale use. Norway does not rush to meet global CBDC efforts and instead...
DeFi

Brazil Expands Drex CBDC Pilot with DeFi Innovations

The Drex CBDC pilot focuses on tokenization and liquidity pools. Brazil intends to dominate digital financial innovation with DeFi. Brazil is making tremendous progress...
Altcoin News

Opinion: America Really DOESN’T NEED a CBDC Right Now

The topic of a central bank digital currency (CBDC) continues to permeate the digital currency arena. The question is, “Does a CBDC warrant anything...
Bitcoin News

Senator Ted Cruz Really Doesn’t Want a CBDC in Play

Republican Senator from Texas Ted Cruz says he doesn’t want a digital dollar or any central bank digital currencies (CBDCs) entering the fray. He...
Altcoin News

Cash Remains King as ECB Has No Plans to Issue Central Bank Digital Currency

The president of the European Central Bank (ECB) has issued a statement declaring that it and the Eurosystem currently have no plans to issue...
FinTech

EU Parliament Report Calls for CBDCs to Level Competition in Cryptocurrency Market

A new study from the European Parliament has called for permissioned cryptocurrencies to level the competition in the cryptocurrency market. Reshaping the Current Competition The study...
Bitcoin News

Australia’s Central Bank Says It’s Unlikely Bitcoin Will Succeed Down Under

A senior official at the Reserve Bank of Australia (RBA) has said that Bitcoin is unlikely to succeed in the country due to the...

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